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Advertorial
Cyber-attacks are on the rise and it’s not only big businesses that are aff...
In New Zealand, CERT NZ 1 responded to 1,530 cyber security incidents in the first quarter of 2024, which resulted in $6.6m direct financial loss. And if you think having cyber security measures in place affords enough protection,...Feature
Toni Ferrier was appointed CEO of Marsh McLennan’s NZ operation last October, her latest high-profile role after decades in the sector. She talks to CoverNote about her career, how the industry has changed, and her ...
Feature
The ongoing recession in New Zealand has led clients to reduce their insuranc...
The gloom surrounding the New Zealand economy shows little sign of abating mid-way through 2024, with GDP figures for the three months to March revealing GDP growth of just 0.2% in the March 2024 quarter. The patchy, prolonged recession...
Insurance
AMI Insurance has seen a nearly 40% increase in house fires between summer and winter 2023, following a 20% increase the year before. The insurer said lower temperatures caused house fire risks to increase. “With the...
Appointments
Rothbury Insurance Brokers has appointed Shane Ohlin to the newly created role of chief information officer. With over 25 years of experience in information technology, Ohlin has previously held senior management and consulting...
FSCL Case Study
In 2021 Hailey*, a school principal, arranged insurance to cover the cost of any damage and repairs to her school’s devices and equipment. On 5 December 2022 at about 7pm, the insurer sent Hailey an email saying that the insurance...
IBANZ Forum
QUESTION I contacted an underwriting agency to query whether a certain activity would be excluded under their motor policy wording. The reply I have been getting is: "Please note we are not able to provide...
IBANZ Forum
QUESTION If we are endorsing a policy after 1 July but removing/reducing cover, are we using the old FENZ levy or the new one? Example - building placed 1 August 2024 but 30 July 2024 we are reducing the sum insured, are we...
Humans of NZI
L isa's entry into the insurance industry came somewhat unexpectedly. “Straight out of high school, I took a job working with State Insurance, primarily as an opportunity to save some money to attend...
Appointments
Swiss Re Corporate Solutions has appointed Kevin Bates as its new country head for Australia and New Zealand. The new country leader based in Sydney, will take over for Christine Bell, who has chosen to retire, as of 4...
